A ceremony was held in the central
province of Quang Ngai on May 30 for the Technip contractors’
consortium to officially hand over the Dung Quat Oil Refinery to its
Management Board.
A national key work, the Dung Quat refinery, the country’s first of its
kind which was built at the Dung Quat Economic Zone at the cost of 3
billion USD, is designed to have a capacity of 6.5 million tonnes of oil
products a year, meeting over 30 percent of the country’s needs.
After 44 months of construction, on February 22, 2009, the plant rolled
out its first product, and three months later, it began producing all
kinds of products as designed and it ran at full capacity.
By the end of May, the plant received a total of 4 million tones of
crude oil from the offshore Bach Ho oilfield for its test run. It has by
far turned out over 3.2 million tonnes and sold to the market 3 million
tonnes of LPG, Propylen, unleaded petrol, kerosene, petrol for aircraft
Jet A1, DO and FO.
The Binh Son Petrochemical Company will be in charge of operation,
production as well as business activities of the Dung Quat oil refinery.
Speaking at the function, Phung Dinh Thuc, Director General of the
Vietnam Oil and Gas Group (PetroVietnam) – the refinery’s investor, said
with estimated revenues of over 65 trillion VND (3.4 billion USD) a
year, the refinery is expected to contribute greatly to promoting Quang
Ngai province’s economic restructure and industrial and service
development.
P.K Singh, Project Director of the Technip consortium, laid stress on
the endeavours the consortium has made during the construction course of
the plant.
He said his consortium was pleased to see that all participating
builders have made their utmost to ensure the safety for the plant and
hoped PetroVietnam, the Binh Son company, and local authorities will
help the plant maintain its certified safety.
On the occasion, Singh handed over the key symbol of the Dung Quat plant
– a crown of Vietnam ’s industry – to PetroVietnam and the Binh Son
Petrochemical company./.
(Source: VietnamPlus)
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